Sp, yes. that $20 bill in your wallet was borrowed by the US government and will be paid back to the federal reserve plus interest.
The Fed doesn't lend out FRNs.
Sp, yes. that $20 bill in your wallet was borrowed by the US government
Why do you feel the US government needs to borrow FRNs?
and will be paid back to the federal reserve plus interest.
Why would the Treasury repay anyone for my $20? You're not making any sense.